Global Reefer Container Market Analysis Report 2020-2030: Size (20 Feet, 40 Feet, More than 40 Feet), Transportation Mode (Seaways, Roadways, Railways) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Reefer Container Market Research Report: By Size (20 Feet, 40 Feet, More than 40 Feet), Transportation Mode (Seaways, Roadways, Railways), Industry (Food, Pharmaceutical, Chemical) - Global Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The size of the market in 2019 was 3,169.2 thousand twenty-foot equivalent units (TEU), which is predicted to reach 7,063.3 thousand TEUs by 2030, at an 8.0% CAGR during 2020-2030 (forecast period).
The reefer container market is growing on account of the increasing demand for pharmaceutical products, rising number of trade routes, expanding e-commerce industry, and surging penetration of the real-time tracking technology. Reefer containers are essentially temperature-controlled containers used to ferry perishable cargo over long distances, via ships, trains, and trucks.
On the basis of size, the categories of the reefer container market are 20 feet, 40 feet, and more than 40 feet. Among these, the 40 feet category held the largest share in the market in 2019, and it will also grow the fastest during the forecast period. This is because 40-foot reefer containers are used for carrying high-volume cargo, and they are also similar to 20-foot variants in cost. Thus, the high loading capacity, combined with the reasonable price of these containers, offers logistics companies operational cost advantages.
During 2014-2019, Asia-Pacific (APAC) dominated the reefer container market, and it will continue doing so till 2030. This is attributed to the growing population in the region, which is driving trade volumes. Currently, Shanghai, Singapore, Hong Kong, Tianjin, Qingdao, Guangzhou, Busan, Ningbo-Zhoushan, and Shenzhen are the busiest ports in the world, and all are located in APAC. Asa result, trade routes have increasing become directed toward Asian countries to make the most of the demand for various products.
Hence, as international trade volumes, especially of perishable cargo, grow, so will the procurement of reefer containers by shipping, trucking, and rail freight companies.
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Size
1.3.2 Market Segmentation by Transportation Mode
1.3.3 Market Segmentation by Industry
1.3.4 Market Segmentation by Region
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit
1.4 Key Stakeholders
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Size
18.104.22.168 20 feet
22.214.171.124 40 feet
126.96.36.199 More than 40 feet
4.1.2 By Transportation Mode
4.1.3 By Industry
4.2 Ecosystem of Global Reefer Container Market
4.3 Market Dynamics
188.8.131.52 Increasing partnerships and market consolidation
184.108.40.206 Rising demand for pharmaceutical drugs
220.127.116.11 Increase in trade routes
18.104.22.168 Expanding e-commerce industry
22.214.171.124 Advent of real-time tracking technology
126.96.36.199 Impact analysis of drivers on market forecast
188.8.131.52 Lack of adequate ecosystem and infrastructure
184.108.40.206 Impact analysis of restraints on market forecast
220.127.116.11 Growing demand in emerging economies
4.4 Impact of COVID-19 on Reefer Container Market
4.5 Porter's Five Forces Analysis
Chapter 5. Logistics Industry Overview
Chapter 6. Policy and Regulatory Landscape
6.1 North America
18.104.22.168 The Jones Act
22.214.171.124 The Maritime and Coastguard Agency (MCA)
126.96.36.199 German Maritime Law
188.8.131.52 Maritime Code of the People's Republic of China
184.108.40.206 The Carriage of Goods by Sea Act, 1925
220.127.116.11 Brazilian Commercial Code
Chapter 7. Global Market Size and Forecast
7.1 By Size
7.2 By Transportation Mode
7.3 By Industry
7.3.1 Reefer Container Market for Food Industry, by Type
7.3.2 Reefer Container Market for Pharmaceutical Industry, by Type
7.4 By Region
Chapter 8. North America Market Size and Forecast
Chapter 9. Europe Market Size and Forecast
Chapter 10. APAC Market Size and Forecast
Chapter 11. LATAM Market Size and Forecast
Chapter 12. MEA Market Size and Forecast
Chapter 13. Competitive Landscape
13.1 Market Share Analysis of Key Players
13.2 Product Benchmarking of Key Players
13.3 Global Strategic Developments in the Market
Chapter 14. Company Profiles
- A.P. Moller - Maersk A/S
- Singamas Container Holdings Ltd.
- China International Marine Containers (Group) Co. Ltd.
- Seaco Srl
- Triton International Ltd.
- MSC Mediterranean Shipping Company S.A.
- Hapag-Lloyd AG
- Ocean Network Express Pte. Ltd.
- ZIM Integrated Shipping Services Ltd.
- SeaCube Container Leasing Ltd.
- Klinge Corporation
- W&K Containers Inc.
- Almar Container Group
- BSL Containers Ltd.
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